Legal Question in Business Law in Virginia
How do you properly structure an LLC that will be selling additional membership interests/ownership?
For the life of me I cannot find a calculator or formula for determining the value of additonal members who buy into the company. So if I start a company with 4 other people (each owning at least 25%) and want to have someone else buy into the membership interests then how do I go about calculating the new ownership?
What if I start to have 100 or 200 new members?
1 Answer from Attorneys
"Additional membership interests/ownerhship" based upon what?
It would seem basic that you must first have determined the value of the asset(s) held in the LLC in order to calculate the value of individual member ownership shares in the entity.
Until that is done, it would appear that you would have no way to calculate such values nor even to determine how many membership interests can reasonably be sold.
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